Options are one of the most versatile trading tools available. A trader can use an option in order to limit risk on speculative investments. An option can also be used as a hedge against a declining stock market to limit downside losses. Though trading options can be extremely profitable, a trader must understand that they involve risks and are therefore not suitable for everyone. Understanding how options work and how to utilize them can allow you as a trader understand the working of the market better and therefore have a much higher chance of being a successful trader.

Consumers love using credit cards. The global rise of purchases made by credit cards over the past five years continues to increase at a double digit rate. The amount of money made by banks and credit card issuers is well into the billions of dollars, and the winners of this market are savvy consumers. These consumers have figured out that cash back credit cards can offer you a cash payment of 1-2% or more on all of your purchases. These cash back rebates can quickly turn into hundreds or thousands of dollars each year. This simple guide will help guide consumers who want to maximize the amount of cash they can earn from a cash back rewards credit card in 2018 and beyond.

Consumers who are searching for an online personal loan often are confused as to how to start the process. Searching for online loans can be overwhelming, there are hundreds of websites that all claim to offer the best deals. Finding the best offer for a personal loan, is ultimately a very individual decision, and is centered around your financial goals and personal situation. If you are looking for some simple and straightforward tips to ensure that you are applying for the right short term loan, this resource can help with some easy to follow tips when searching for a new loan. Installment loans are easy to apply for, follow these tips to make sure you are applying for the right type of loan for your situation.

Will the advent of technology make financial services affordable and easily accessible for the lower-income strata of the society?

You will not be able to find financial institutions in the rural areas, but these days almost everyone has a Smartphone with access to the internet. This medium can be effectively used to give financial power to every person. With mobile phones, people can make money transactions or purchase products online. Also, technology makes it easy for everyone to use and access.

Want to know the impact of technology on financial services? Read this infographic.